Fast Unsecured Business Loans
There are numerous small businesses that
are looking for the unsecured business funding
and we provide them with that. The funding that we provide is for small
businesses, and generally most small businesses are looking for funding in the
range of $15 thousand to $25 thousand, however there are larger requirements
also which are not uncommon which are in excess of $100 thousand. We do advise
all applicants to be ‘decided’ about the funding before they apply.
Banks do not prefer to fund small
businesses, the reason for this is due to the fact that banks consider them to
be ‘high risk investments’. As a result of this the banks have qualification
criteria in place that are very difficult for small businesses to meet, and
over 90% of all small business loan applications are rejected.
We provide small businesses with the
funding that they require, and this is due to the qualification criteria that
we have which are completely different to those of the banks. Small businesses
make up 99.7% of all businesses in the US, and are the base of the economy. Our
qualification criteria are mentioned below here;
1.
The owner of the business
should not be in bankruptcy
2.
The business should be over 12
months old
3.
The business should have a
gross income of at least $10 thousand or over that
4.
The business needs to be a
running business.
These are the simple and easy qualification
criteria that we have, and looking at these most small business owners will be
able to ascertain whether they qualify or not. Additionally, due to our simple
qualification criteria there are numerous benefits that are mentioned below
here.
We do not require high credit scores as
these do not qualify or disqualify a business for funding with us. We do
provide unsecured business loans bad credit and this is very
different from the way that banks operate. Typically a bank and some other
financial institutions require credit scores that are in excess of 700s to
entertain the funding application.
Collateral is something else that we don’t
require as all our funding is unsecured. This is a very positive feature for
small business owners as many of them do not possess the collateral that banks
and other financial institution require. Banks require collateral worth double
the value of the loan amount applied for, and this can be a problem for many
small businesses.
The processing time frames that we have to
provide fast unsecured
business loans are also equally quick. Typically at
the quickest we at the quickest be able to provide you with the funding that
you require within 48 hours from the time we receive the application form.
Generic time frames for funding at the latest we would take a week to ten days
and not over that period of time.
For more information related to the funding
that we provide, contact us. Our funding team is available on regular week days
from Monday to Friday, and during regular working hours. Alternatively, you can
click on the ‘apply now’ tab and fill in your details there as well, which is
much the same thing.
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